• Kenyan News

    Vodafone Says M-Pesa recorded 6Bn transactions in 2016

    M-Pesa, the world’s leading mobile money service has recorded 6 billion transactions in 2016 according to Vodafone Group. The platform, is celebrating its 10th anniversary with services being offered in 10 countries: Albania, the Democratic Republic of Congo, [...]
Global News

The World’s Most Valuable Brands 2017

February 23, 2017
According to the Brand Finance classification 2017, US company Google emerged top among the World’s Most Valuable Brand list in terms of communications and information technology companies for 2017 with a monetary valuation of $109.4 Billion in 2017, compared to $88.17 Billion in 2016. […]
African News

Rwanda I&M Bank IPO Extended To 10th March

February 22, 2017
Rwanda’s regulator and I&M Bank have agreed to extend the deadline on sale of government’s 19.8% stake in the Bank to March 10 from the initial plans to close on March 3, 2017. According to a statement released […]

Kenyan News

Kenyan News

Vodafone Says M-Pesa recorded 6Bn transactions in 2016

February 23, 2017
M-Pesa, the world’s leading mobile money service has recorded 6 billion transactions in 2016 according to Vodafone Group. The platform, is celebrating its 10th anniversary with services being offered in 10 countries: Albania, the Democratic Republic of Congo, […]
No Picture
Global News

Tala Raises Over $30 Million in New Financing Expansion

February 23, 2017
LOS ANGELES, February 23, 2017 – Tala, a mobile technology and data science company that is working to change the way credit scoring and financial services work around the world, announced today that it has raised more […]
Kenyan News

KenGen Allots 5.3% Stake to S.A’s Public Investment Vehicle

February 23, 2017
The country’s largest power producing company, Kenya Electricity Generating (KenGen) Company has announced that it has entered into an agreement to allot approximately 351.2 Million shares (equivalent to 5.33% stake) to South Africa’s Public Investment vehicle, PIC SOC […]
Kenyan News

Market Dominance Report Proposes Splitting of M-Pesa from Safaricom

February 23, 2017
Kenya’s communications authority in Mid 2016 hired an independent international consultant by the name ‘Anasysys Mason’ to examine the country’s telecommunication and broadcasting industry on market dominance and anti-competitive conduct. The report is finally out with recommendations that M-Pesa be detached […]
Kenyan News

How KCB’s 2jiajiri Program is Tackling Youth Unemployment

February 21, 2017
The youth are and will always account for a significant share of Kenya’s population for the foreseeable future. However, the main worry among this segment of the population is unemployment which has become a global phenomenon and Kenya is […]

African News

African News

Rwanda I&M Bank IPO Extended To 10th March

February 22, 2017
Rwanda’s regulator and I&M Bank have agreed to extend the deadline on sale of government’s 19.8% stake in the Bank to March 10 from the initial plans to close on March 3, 2017. According to a statement released […]
African News

BAT Uganda Net Profit Stumbles By A whooping 65%

February 22, 2017
British American Tobacco Uganda (BATU) has blamed the increased taxation and a tough economic environment for the decline in its 2016 net profit position which declined by 65% to Ushs7.8 billion in 2016, from UShs20.2 billion […]
African News

Tanzania; Tigo & Airtel Yet To Agree On Dar Listing

February 20, 2017
The planned initial public offerings (IPOs) for Airtel Tanzania and Tigo Tanzania will have take longer than expected with reports emerging that shareholders of the two companies haven’t agreed on the number of shares to be listed before they […]
African News

Survey; Africa’s Best & Worst Airports of 2016

February 19, 2017
Sleeping Airports, an internationally recognized travelers’ online guide has released a report on Africa’s Best and worst Airports of 2016 based on response from travellers experiences of different airports around the world. According to the report, […]
African News

Central Bank Kenya Website Wins Global Award

February 16, 2017
Central Bank of Kenya has received “Website of the Year Award” following an overhaul of its website as the institution celebrated its fiftieth anniversary in 2016. The annual awards which are organized by Central Banking, a UK-based financial magazine recognised […]

Global Market

No Picture
Global News

Tala Raises Over $30 Million in New Financing Expansion

February 23, 2017
LOS ANGELES, February 23, 2017 – Tala, a mobile technology and data science company that is working to change the way credit scoring and financial services work around the world, announced today that it has raised more […]
Global News

The World’s Most Valuable Brands 2017

February 23, 2017
According to the Brand Finance classification 2017, US company Google emerged top among the World’s Most Valuable Brand list in terms of communications and information technology companies for 2017 with a monetary valuation of $109.4 Billion in 2017, compared to $88.17 Billion in 2016. […]
Global News

Jay Z To Launch His Own Venture Capital Fund

February 22, 2017
Rapper and Businessman Shawn Carter, commonly known as Jay Z is reportedly launching a venture Capital fund along with his long-time business partner Jay Brown, the president of Roc Nation. According to Axios, the two will be teaming up with San Francisco-based […]
Global News

Europe’s largest bank reports 62% Drop in Profits

February 21, 2017
Europe’s largest bank has reported a $7.1 billion (£5.7bn) pre-tax profit for 2016, down 62% on the $18.9bn reported a year earlier. HSBC attributed the fall to a string of one-off charges, including the sale of its […]
Global News

Exotix Named Best Frontier Markets Investment Bank

February 16, 2017
UK based investment firm, Exotix Partners has been named the Best Frontier Markets Investment firm by CFI Magazine, a print journal and an online resource reporting on economics, business and finance. Indeed, Exotix has more analysts covering more companies […]

Opinion and Commentary

Editorial

About time the Nairobi Securities Exchange Innovated

February 12, 2017
Sometime last year, Bloomberg Businessweek had one of the most interesting stories ever. The report covered Renaissance Technologies, one of the most secretive yet most successful hedge funds having returned $55 Billion in profit over 28 […]
Editorial

Don’t Invest on the Advice of a Poor Man

January 29, 2017
‘The important things to consider when choosing an investment adviser or manager are track record, acumen, and honesty. Net worth has little to do with it.’ Warren Buffet is famously known for saying, ‘Wall Street […]

Events

Feb
24
Fri
all-day Britam AGM
Britam AGM
Feb 24 all-day
Britam AGM
NSE Listed Britam Holdings Ltd will hold its Annual General Meeting on Friday 24th March at the Safari Park Hotel Nairobi. Agenda is attached below;
2:14 pm Stanbic FY 2016 Results Release
Stanbic FY 2016 Results Release
Feb 24 @ 2:14 pm – 3:14 pm
Stanbic FY 2016 Results Release
Stanbic Bank Kenya is expected to release their Full Year 2016 results on 24 February 2017
Mar
29
Wed
all-day FT Africa Payments Innovation Su...
FT Africa Payments Innovation Su...
Mar 29 all-day
The Financial Times has announced that the inaugural FT Africa Payments Innovation Summit, will be taking place in Kenya on 29 March 2017. As Africa’s regional payments systems continue to develop, there will be discussions on how the industry is [...]
Apr
10
Mon
all-day East Africa’s Islamic Economy Su...
East Africa’s Islamic Economy Su...
Apr 10 all-day
To explore how East Africa can tap into the Islamic Economy, with an  estimated global value of $2.3 trillion, Kenya will host the 2nd edition of the East Africa Islamic Economy Summit (EAIES 2017) on [...]
May
22
Mon
all-day African Development Bank Group’s...
African Development Bank Group’s...
May 22 – May 26 all-day
The African Development Bank Group (AfDB) and the government of India will host the AFDB’s 2017 Annual Meetings in Ahmedabad, the capital of the Indian state of Gujarat. Following the India-Africa Summit that took place [...]

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